Tag: NNPC

The publisher was arrested on October 13 following a petition accusing him of defaming Minister Jedy-Agba.

Recurring losses over years have culminated in an accumulated loss of over N4 trillion, raising concerns the NNPC may be ...

“It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia," President Buhari said.

“We have a total aggregate revenue of N7.89tn and also an aggregate expenditure of N13.08tn for 2021," the Minister of ...

Details of the PIB will be discussed on another legislative day

"NNPC will not be scrapped but commercialised in line with deregulation moves being made across all the streams in the ...

The agreement will help to reduce gas flaring in the country, the NNPC said.

It noted that in 2012, N1.35 trillion was paid as subsidy, the highest in the period under review.

The figure is a huge increase when compared with the previous month.

The government and labour leaders held a meeting on petrol and electricity prices.

“Government is no longer in the business of fixing prices for petroleum products, we have stepped back,” the minister of ...

The new price of N147.67. was made public shortly after the PPMC announced an initial increment to N151.56 per litre.

With zero production, the Warri and Port Harcourt refineries respectively gulped ₦42.1 billion and ₦43.8 billion from the country's coffers.

NNPC says the report on missing 48 million barrels of crude oil was unfounded and a total falsehood.

Mr Dawha was GMD of NNPC between August 2014 and August 2015.

The NNPC denied claim that information was provided to the Corporation or the federal government which led to the identification ...

Ramirez and Salazar are accomplices now working through SAMANO SA DE CV, a shadowy company registered in Mexico as a ...

The lawmakers will resume on September 15.

Critics say transfer by NPDC an impeachable offence because it was not appropriated by National Assembly but government says it ...

Minister of State for Petroleum Resources, Timipre Sylvia, says the outgoing board members have been on the Boards since 2005.

"The bodies of casualties have been deposited in a morgue in Sapele," the NNPC said.

Mr Ewubare was appointed to his last position about one year ago.

The reports came just as the oil corporation made history this month with the publication of its first audited financial ...

Critics say the humongous losses, which epitomises the level of rot and decay in the four refineries, counters the logic ...

The N179.1 billion profit is a significant improvement from the 2017 profit after tax of over N157.4 billion.